Ever worried about charity abuse and corruption? Blockchain technology now offers a solution.

Bitcoin nonprofit BitGive has announced the launch of a blockchain-based donation platform, GiveTrack. It offers the ability to transfer, track, and provide a permanent record of the end-to-end route of global transactions.

“We are thrilled to announce the launch of GiveTrack, a game-changing technology for philanthropy. GiveTrack epitomizes BitGive’s mission to make use of innovative technologies that will improve philanthropic work while driving new donations. We are proud to have developed an effective tool that will aid in humanitarian efforts for causes around the world. This will create operational efficiencies and deepen the trust between charities and their donors,” said Connie Gallippi, founder of BitGive.

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The developers explain that GiveTrack provides project status updates so donors can see their contributions in action. With the platform, anyone will be able to instantly trace the pathway of a charitable transaction, including the confirmation of delivery and the tracking of project results.

Dawn Newton, a director on BitGive’s Board of Directors and COO of Netki, said: “GiveTrack is an empowerment tool for nonprofits. Donors love to know the impact that their giving has created. It is an absolute motivation for people to give even more. However, donating has been known to be very time consuming and difficult for nonprofits to track. GiveTrack provides a solution by easily allowing nonprofits to onboard and use the system, while their donors can immediately see their giving at work.”

Alyse Killeen, a director on BitGive’s Board of Directors and Partner at StillMark Investment Fund, said: “The GiveTrack Platform will create incredible efficiencies in the nonprofit industry, allowing for the optimization of charitable dollars in service of all stakeholders – nonprofits, populations served, and donors – so that each donor dollar can have maximum impact. By empowering donors to track their charitable dollars, and allowing donors to own and manage their own trust in nonprofit organizations through direct and instant access to dollar flows, BitGive can catalyze an increase in total charitable dollars given each year.”